Norges Bank’s US Bancorp Position
Does Norges Bank own US Bancorp (USB)? Not currently — the last reported position was 35.37M shares worth $1.9B in Q4 2025; the fund’s latest 13F (Q1 2026) no longer reports it.
Position Value
$1.9B
Q4 2025
Shares
35.37M
% of Portfolio
+0.20%
Quarters Held
31
position exited
Position History USB
Reported value by quarter
| Quarter | Shares | Value | % of Portfolio |
|---|---|---|---|
| Q4 2025 | 35.37M | $1.9B | +0.20% |
| Q2 2025 | 21.46M | $971M | +0.12% |
| Q1 2025 | 16.69M | $705M | +0.10% |
| Q4 2024 | 16.26M | $778M | +0.10% |
| Q3 2024 | 16.82M | $769M | +0.11% |
| Q2 2024 | 15.13M | $601M | +0.09% |
| Q1 2024 | 14.76M | $660M | +0.10% |
| Q4 2023 | 19.12M | $827M | +0.14% |
| Q3 2023 | 26.08M | $862M | +0.17% |
| Q2 2023 | 16.43M | $543M | +0.11% |
| Q1 2023 | 16.32M | $588M | +0.13% |
| Q4 2022 | 14.78M | $644M | +0.16% |
| Q3 2022 | 14.21M | $573M | +0.15% |
| Q2 2022 | 13.84M | $637M | +0.16% |
| Q1 2022 | 13.90M | $739M | +0.16% |
| Q4 2021 | 13.68M | $769M | +0.16% |
| Q3 2021 | 13.50M | $803M | +0.18% |
| Q2 2021 | 13.91M | $792M | +0.17% |
| Q1 2021 | 14.07M | $778M | +0.18% |
| Q4 2020 | 14.46M | $674M | +0.16% |
| Q3 2020 | 14.58M | $523M | +0.14% |
| Q2 2020 | 13.39M | $493M | +0.14% |
| Q1 2020 | 13.49M | $465M | +0.17% |
| Q4 2019 | 14.56M | $863M | +0.24% |
| Q3 2019 | 14.56M | $806M | +0.25% |
| Q2 2019 | 14.87M | $779M | +0.24% |
| Q1 2019 | 15.97M | $770M | +0.25% |
| Q4 2018 | 15.83M | $723M | +0.27% |
| Q3 2018 | 15.88M | $839M | +0.27% |
| Q2 2018 | 14.94M | $747M | +0.26% |
| Q1 2018 | 14.88M | $751M | +0.27% |
Common-stock position only; options are excluded. Quarters where the fund filed no 13F or reported no position are absent. See Norges Bank’s full portfolio or all institutional holders of USB.